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Avista

BST:AV6
Snowflake Description

Established dividend payer with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AV6
BST
$3B
Market Cap
  1. Home
  2. DE
  3. Utilities
Company description

Avista Corporation operates as an electric and natural gas utility company. The last earnings update was 62 days ago. More info.


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AV6 Share Price and Events
7 Day Returns
0%
BST:AV6
-0.4%
DE Integrated Utilities
1.5%
DE Market
1 Year Returns
-
BST:AV6
8.9%
DE Integrated Utilities
-6.2%
DE Market
AV6 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Avista (AV6) 0% 0% 0.4% - - -
DE Integrated Utilities -0.4% -0.3% 7.3% 8.9% 29.3% -17.8%
DE Market 1.5% 6% 8.5% -6.2% 10.7% 15.3%
1 Year Return vs Industry and Market
  • No trading data on AV6.
  • No trading data on AV6.
Price Volatility
AV6
Industry
5yr Volatility vs Market

AV6 Value

 Is Avista undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Avista. This is due to cash flow or dividend data being unavailable. The share price is €35.76.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Avista's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Avista's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:AV6 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $2.08
NYSE:AVA Share Price ** NYSE (2019-02-21) in USD $42.05
Europe Integrated Utilities Industry PE Ratio Median Figure of 17 Publicly-Listed Integrated Utilities Companies 24.03x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.6x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Avista.

BST:AV6 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:AVA Share Price ÷ EPS (both in USD)

= 42.05 ÷ 2.08

20.24x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Avista is good value based on earnings compared to the Europe Integrated Utilities industry average.
  • Avista is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Avista's expected growth come at a high price?
Raw Data
BST:AV6 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.24x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
Not available
Europe Integrated Utilities Industry PEG Ratio Median Figure of 12 Publicly-Listed Integrated Utilities Companies 2.32x
Germany Market PEG Ratio Median Figure of 269 Publicly-Listed Companies 1.56x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Avista, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Avista's assets?
Raw Data
BST:AV6 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $26.99
NYSE:AVA Share Price * NYSE (2019-02-21) in USD $42.05
Germany Integrated Utilities Industry PB Ratio Median Figure of 6 Publicly-Listed Integrated Utilities Companies 2.19x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.84x
BST:AV6 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:AVA Share Price ÷ Book Value per Share (both in USD)

= 42.05 ÷ 26.99

1.56x

* Primary Listing of Avista.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Avista is good value based on assets compared to the DE Integrated Utilities industry average.
X
Value checks
We assess Avista's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Integrated Utilities industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Integrated Utilities industry average (and greater than 0)? (1 check)
  5. Avista has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AV6 Future Performance

 How is Avista expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
4%
Expected annual growth in earnings per share.
Earnings growth vs Low Risk Savings
Is Avista expected to grow at an attractive rate?
  • Avista's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Avista's earnings growth is positive but not above the Germany market average.
  • Unable to compare Avista's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:AV6 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:AV6 Future Earnings per Share Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 4%
Germany Integrated Utilities Industry Earnings Growth Rate Market Cap Weighted Average 25.9%
Europe Integrated Utilities Industry Revenue Growth Rate Market Cap Weighted Average 6%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:AV6 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:AV6 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 380
2021-12-31 361
2020-12-31 339
2019-12-31 317 132
BST:AV6 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 1,397 362 136
2018-09-30 1,423 469 118
2018-06-30 1,424 457 112
2018-03-31 1,419 445 109
2017-12-31 1,446 410 116
2017-09-30 1,450 412 128
2017-06-30 1,456 431 136
2017-03-31 1,461 401 142
2016-12-31 1,442 358 137
2016-09-30 1,428 319 131
2016-06-30 1,438 299 131
2016-03-31 1,456 336 129

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Avista's earnings are expected to grow by 4% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Avista is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:AV6 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Avista Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:AV6 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31 2.41 2.41 2.41 1.00
2021-12-31 2.28 2.33 2.23 2.00
2020-12-31 2.10 2.14 2.05 2.00
2019-12-31 1.94 1.98 1.89 2.00
BST:AV6 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 2.08
2018-09-30 1.81
2018-06-30 1.73
2018-03-31 1.68
2017-12-31 1.80
2017-09-30 2.00
2017-06-30 2.12
2017-03-31 2.22
2016-12-31 2.16
2016-09-30 2.08
2016-06-30 2.10
2016-03-31 2.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Avista will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Avista's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Avista has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AV6 Past Performance

  How has Avista performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Avista's growth in the last year to its industry (Integrated Utilities).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Avista's year on year earnings growth rate has been positive over the past 5 years.
  • Avista's 1-year earnings growth exceeds its 5-year average (17.7% vs 2.3%)
  • Avista's earnings growth has exceeded the Europe Integrated Utilities industry average in the past year (17.7% vs 0.7%).
Earnings and Revenue History
Avista's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Avista Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:AV6 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,396.89 136.43 10.52
2018-09-30 1,422.53 118.16 2.53
2018-06-30 1,423.62 112.50 4.09
2018-03-31 1,418.82 108.69 7.36
2017-12-31 1,445.93 115.92 15.03
2017-09-30 1,450.19 128.43 18.06
2017-06-30 1,456.44 136.21 14.67
2017-03-31 1,460.78 141.70 7.89
2016-12-31 1,442.48 137.23 17.95
2016-09-30 1,427.67 131.00 6.91
2016-06-30 1,437.97 131.48 6.91
2016-03-31 1,456.46 129.28 6.91
2015-12-31 1,484.78 118.08 6.91
2015-09-30 1,509.32 114.80 6.01
2015-06-30 1,497.23 112.59 6.01
2015-03-31 1,472.47 119.10 6.01
2014-12-31 1,472.56 119.63 6.01
2014-09-30 1,465.00 119.58 5.04
2014-06-30 1,452.92 117.03 5.04
2014-03-31 1,447.82 109.64 5.04
2013-12-31 1,441.74 103.12 5.04
2013-09-30 1,447.99 88.45 5.79
2013-06-30 1,499.15 86.27 5.79
2013-03-31 1,535.24 80.28 5.79
2012-12-31 1,391.34 76.21 4.55
2012-09-30 1,575.40 86.96 5.76
2012-06-30 1,578.48 91.87 5.76

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Avista has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Avista used its assets more efficiently than the Europe Integrated Utilities industry average last year based on Return on Assets.
  • Avista's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Avista's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Integrated Utilities industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Avista has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AV6 Health

 How is Avista's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Avista's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Avista's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Avista's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Avista's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Avista Company Filings, last reported 3 months ago.

BST:AV6 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,774.05 2,139.66 19.94
2018-09-30 1,750.35 1,990.91 21.17
2018-06-30 1,762.71 1,951.62 35.33
2018-03-31 1,758.57 1,894.48 30.20
2017-12-31 1,730.48 1,980.79 18.50
2017-09-30 1,670.95 1,963.11 17.10
2017-06-30 1,686.89 1,905.67 18.83
2017-03-31 1,685.45 1,866.09 29.93
2016-12-31 1,648.48 1,888.28 11.90
2016-09-30 1,628.52 1,907.09 7.08
2016-06-30 1,616.74 1,859.40 13.52
2016-03-31 1,589.27 1,783.50 12.77
2015-12-31 1,528.29 1,779.77 10.48
2015-09-30 1,508.20 1,717.97 9.31
2015-06-30 1,514.01 1,668.68 17.70
2015-03-31 1,506.76 1,677.57 22.08
2014-12-31 1,483.24 1,693.29 22.60
2014-09-30 1,491.76 1,527.60 17.50
2014-06-30 1,409.55 1,499.39 216.18
2014-03-31 1,367.07 1,498.02 100.79
2013-12-31 1,334.16 1,559.17 96.54
2013-09-30 1,318.79 1,512.30 91.98
2013-06-30 1,322.24 1,456.77 85.41
2013-03-31 1,312.71 1,416.35 91.55
2012-12-31 1,282.07 1,420.50 75.46
2012-09-30 1,283.91 1,380.13 82.95
2012-06-30 1,269.84 1,395.76 93.42
  • Avista's level of debt (120.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (116.8% vs 120.6% today).
  • Debt is not well covered by operating cash flow (16.9%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Avista's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Avista has a total score of 0/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AV6 Dividends

 What is Avista's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.69%
Current annual income from Avista dividends. Estimated to be 3.81% next year.
If you bought €2,000 of Avista shares you are expected to receive €74 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Avista's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Avista's dividend is below the markets top 25% of dividend payers in Germany (3.71%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:AV6 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Integrated Utilities Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.6%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:AV6 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 1.67 1.00
2020-12-31 1.62 2.00
2019-12-31 1.56 2.00
BST:AV6 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-02-06 1.550 3.780
2018-11-20 1.490 3.394
2018-08-15 1.490 2.898
2018-05-10 1.490 2.875
2018-02-02 1.490 2.936
2017-11-21 1.430 2.779
2017-08-17 1.430 2.760
2017-05-11 1.430 3.165
2017-02-03 1.430 3.607
2016-11-04 1.370 3.418
2016-08-18 1.370 3.346
2016-05-13 1.370 3.238
2016-02-05 1.370 3.473
2015-11-09 1.320 3.769
2015-11-04 1.320 3.895
2015-05-07 1.320 4.107
2015-02-06 1.320 3.933
2014-11-17 1.270 3.584
2014-08-08 1.270 3.894
2014-05-08 1.270 3.973
2014-02-07 1.270 4.189
2013-11-08 1.220 4.380
2013-08-09 1.220 4.538
2013-05-09 1.220 4.393
2013-02-08 1.220 4.531
2012-11-12 1.160 4.772
2012-08-01 1.160 4.501
2012-05-10 1.160 4.399
2012-02-03 1.160 4.550
2011-11-10 1.100 4.378
2011-08-12 1.100 4.507
2011-05-12 1.100 4.429
2011-02-04 1.100 4.742
2010-11-12 1.000 4.458
2010-08-13 1.000 4.712
2010-05-14 1.000 4.948
2010-02-18 1.000 4.727
2009-11-13 0.840 4.014
2009-08-13 0.840 4.206
2009-05-07 0.840 4.893
2009-04-24 0.720 4.794

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been stable in the past 10 years.
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Avista's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.4x coverage).
X
Income/ dividend checks
We assess Avista's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Avista afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Avista has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AV6 Management

 What is the CEO of Avista's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Morris
COMPENSATION $3,817,420
AGE 60
TENURE AS CEO 11.3 years
CEO Bio

Mr. Scott L. Morris has been the Chairman and Chief Executive Officer of Avista Corp. since January 1, 2008. Mr. Morris serves as the Chairman and Chief Executive Officer of Avista Utilities Inc. Mr. Morris served as the President of Avista Utilities at Avista Corp., since August 2000 until December 2008. He served as President of Avista May 2006 until December 2017. He served as the Chief Operating Officer of Avista Corp. from May 2006 to December 2007, Senior Vice President from February 2002 to May 2006 and Vice President from November 2000 to February 2002. He served as General Manager of Avista Utilities for the Oregon and California operations from October 1991 to August 2000. He joined Spokane-based Avista Corporation in 1981, where he held various other management and staff positions. He serves as the Chairman of Advantage IQ, Inc. He has been the Chairman of Innovate Washington since November 14, 2011 and serves as its Director. He served as Chairman of the Board of Ecova, Inc. He served as Chairman of the Western Energy Institute, the Spokane Regional Chamber of Commerce and the Washington Economic Development Commission. He is a board member of the Washington Roundtable and Greater Spokane Incorporated. He also serves on the board of the Edison Electric Institute. He has been a Director of Avista Corp. since February 9, 2007. Mr. Morris serves as a Director of ReliOn, Inc. and American Gas Association. Mr. Morris served as a Director of Seattle Branch at Federal Reserve Bank of San Francisco since January 5, 2011. Mr. Morris is a graduate of Gonzaga University and received his master's in organizational leadership from Gonzaga. He also attended the Stanford Business School of Financial Management Program and the Kidder Peabody School of Financial Management.

CEO Compensation
  • Scott's compensation has been consistent with company performance over the past year.
  • Scott's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Avista management team in years:

11.3
Average Tenure
59
Average Age
  • The average tenure for the Avista management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Scott Morris

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
60
TENURE
11.3 yrs

Dennis Vermillion

TITLE
President & Director
COMPENSATION
$1M
AGE
56
TENURE
1.3 yrs

Mark Thies

TITLE
Senior VP
COMPENSATION
$1M
AGE
54
TENURE
10.6 yrs

Marian Durkin

TITLE
Senior VP
COMPENSATION
$1M
AGE
64
TENURE
13.7 yrs

Karen Feltes

TITLE
Senior VP & Chief HR Officer
COMPENSATION
$1M
AGE
62
TENURE
17.2 yrs

Ryan Krasselt

TITLE
VP, Controller & Principal Accounting Officer
AGE
48
TENURE
3.5 yrs

James Kensok

TITLE
VP, Chief Information Officer & Chief Security Officer
AGE
59
TENURE
18.2 yrs

Lauren Pendergraft

TITLE
Manager of Treasury & Investor Relations

David Meyer

TITLE
VP and Chief Counsel for Regulatory & Government Affairs
COMPENSATION
$520K
AGE
64
TENURE
20.6 yrs

Jason Thackston

TITLE
Senior Vice President of Energy Resources & Environmental Compliance Officer
AGE
48
TENURE
6.3 yrs
Board of Directors Tenure

Average tenure and age of the Avista board of directors in years:

9.3
Average Tenure
59.5
Average Age
  • The tenure for the Avista board of directors is about average.
Board of Directors

Dennis Vermillion

TITLE
President & Director
COMPENSATION
$1M
AGE
56
TENURE
1.3 yrs

R. Taylor

TITLE
Director
COMPENSATION
$195K
AGE
68
TENURE
34.3 yrs

Scott Morris

TITLE
Chairman & CEO
COMPENSATION
$4M
AGE
60
TENURE
11.3 yrs

Kristianne Blake

TITLE
Lead Director
COMPENSATION
$214K
AGE
64
TENURE
1.9 yrs

Erik Anderson

TITLE
Director
COMPENSATION
$184K
AGE
59
TENURE
18.4 yrs

Don Burke

TITLE
Director
COMPENSATION
$195K
AGE
58
TENURE
7.7 yrs

Heidi Stanley

TITLE
Director
COMPENSATION
$180K
AGE
61
TENURE
12.9 yrs

Marc Racicot

TITLE
Director
COMPENSATION
$173K
AGE
69
TENURE
9.7 yrs

Becky Klein

TITLE
Director
COMPENSATION
$186K
AGE
52
TENURE
8.9 yrs

Janet Widmann

TITLE
Director
COMPENSATION
$171K
AGE
51
TENURE
4.7 yrs
Who owns this company?
Recent Insider Trading
  • Avista insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
06. Mar 19 Sell Jason Thackston Individual 06. Mar 19 06. Mar 19 -2,875 €35.38 €-101,716
05. Mar 19 Sell James Kensok Individual 05. Mar 19 05. Mar 19 -500 €35.39 €-17,696
01. Mar 19 Sell Scott Morris Individual 28. Feb 19 01. Mar 19 -6,100 €35.68 €-215,243
28. Feb 19 Sell Scott Morris Individual 26. Feb 19 26. Feb 19 -18,900 €35.91 €-678,651
20. Feb 19 Sell Karen Feltes Individual 20. Feb 19 20. Feb 19 -18,224 €36.31 €-661,649
20. Feb 19 Sell R. Taylor Individual 20. Feb 19 20. Feb 19 -2,600 €36.49 €-94,870
19. Feb 19 Sell David Meyer Individual 19. Feb 19 19. Feb 19 -1,437 €36.49 €-52,430
13. Sep 18 Sell Kevin Christie Individual 13. Sep 18 13. Sep 18 -100 €43.76 €-4,376
31. Aug 18 Sell James Kensok Individual 31. Aug 18 31. Aug 18 -500 €44.16 €-22,080
30. Aug 18 Sell Kevin Christie Individual 30. Aug 18 30. Aug 18 -380 €43.91 €-16,685
30. Aug 18 Sell Heidi Stanley Individual 30. Aug 18 30. Aug 18 -3,000 €44.13 €-132,396
20. Aug 18 Sell David Meyer Individual 20. Aug 18 20. Aug 18 -2,956 €44.85 €-132,571
03. Aug 18 Sell Jason Thackston Individual 03. Aug 18 03. Aug 18 -2,000 €43.58 €-87,158
13. Jun 18 Sell David Meyer Individual 13. Jun 18 13. Jun 18 -1,709 €44.72 €-76,423
11. Jun 18 Sell Jason Thackston Individual 07. Jun 18 07. Jun 18 -1,000 €44.37 €-44,365
29. May 18 Sell Jason Thackston Individual 29. May 18 29. May 18 -1,500 €45.28 €-67,924
23. May 18 Sell Bryan Cox Individual 23. May 18 23. May 18 -781 €45.03 €-35,172
23. May 18 Sell James Kensok Individual 23. May 18 23. May 18 -7,600 €45.04 €-342,288
X
Management checks
We assess Avista's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Avista has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AV6 News

Simply Wall St News

AV6 Company Info

Description

Avista Corporation operates as an electric and natural gas utility company. It operates through two segments, Avista Utilities and AEL&P. The Avista Utilities segment provides electric distribution and transmission, and natural gas distribution services in parts of eastern Washington and northern Idaho; and natural gas distribution services in parts of northeastern and southwestern Oregon, as well as generates electricity in Washington, Idaho, Oregon, and Montana. This segment also engages in the wholesale purchase and sale of electricity and natural gas. The AEL&P segment offers electric services to approximately 17,000 customers in the city and borough of Juneau, Alaska. The company generates electricity through hydro, thermal, and wind facilities. As of February 8, 2019, it provided electric service to 388,000 customers and natural gas to 355,000 customers. In addition, the company engages in sheet metal fabrication, venture fund investments, real estate investments, and other investments. Avista Corporation was founded in 1889 and is headquartered in Spokane, Washington.

Details
Name: Avista Corporation
AV6
Exchange: BST
Founded: 1889
$2,445,988,538
65,745,035
Website: http://www.avistacorp.com
Address: Avista Corporation
1411 East Mission Avenue,
Spokane,
Washington, 99202,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE AVA Common Stock New York Stock Exchange US USD 02. Jan 1968
DB AV6 Common Stock Deutsche Boerse AG DE EUR 02. Jan 1968
BST AV6 Common Stock Boerse-Stuttgart DE EUR 02. Jan 1968
Number of employees
Current staff
Staff numbers
2,026
Avista employees.
Industry
Multi-Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 22:00
End of day share price update: 2019/02/21 00:00
Last estimates confirmation: 2019/03/18
Last earnings filing: 2019/02/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.